$55K Awarded to Three Canadian Startups at the Momentum Technology Pitch Competition
Capping off an exciting small business week in Canada, the Momentum pitch competition saw ten innovative Canadian technology startups in the advanced manufacturing, energy, and mining sectors pitch virtually to a panel of expert judges for a chance to take home one of three prizes totaling a combined $55,000 in cash and in-kind services. Launched […]
Congratulations Momentum Pitch Competition Finalists!
A warm congratulations to the ten innovative Canadian companies selected as finalists for the Momentum Technology Startup Pitch Competition, targeting the advanced manufacturing, energy, and mining sectors. Please wish them luck as they pitch in the virtual event this Friday, to a panel of judges, for prizes totaling $55 thousand in cash and in-kind services. […]
Potential extension of IRAP IAP as concerns grow over lull in private financing for start-ups
Government investment in early-stage companies is of particular importance at a time when there is a growing concern that many Canadian startups that rely on angel investors may be losing access to funding due to global uncertainty and border restrictions. In a recent article by The Record, reporter James Jackson noted that “Angel groups across […]
NorthSpring Capital Portfolio Company Announces IPO
We would like to extend a warm congratulations to our affiliate company, NorthSpring Capital Partners, on their first portfolio company, Perimeter Medical Imaging, going public. Perimeter Medical Imaging AI (PMI), a Toronto-based Medical Imaging and AI company with operation in the U.S., announced its stock exchange listing on June 29th, 2020, after closing of oversubscribed […]
Top Tech News and Innovations of 2019
As the end of 2019 draws closer, we have the opportunity to look back at the great strides taken in the Canadian and global high tech industry across a range of sectors over the past year. From advanced manufacturing to ICT, from medtech to energy, leading innovators and companies within these fields have been hard […]
Made in Canada: Sustaining a Global Competitive Advantage in Cannabis Technology
Last month marked the one year anniversary since Canada became the first G7 country to legalize cannabis. On October 17, 2019, the Canadian Cannabis Regulations were updated to establish rules for the legal production and sale of three new classes of cannabis including edibles, extracts, and topicals, which are expected to become available for purchase in physical […]
Redefining Medical Technology in the Toronto-Waterloo Corridor
As the second-largest technology supercluster in North America, the Toronto Waterloo Corridor is a global hub of research, innovation, and talent with over 5000 tech startups, 16 universities and colleges, and 81 innovations hubs and accelerators. The Toronto-Waterloo Region ranked in the top 20 global ecosystems for Artificial Intelligence and Life Science and one of […]
Capitalizing on the Growing Demand for Alternative Proteins
Alternative proteins are proving evermore propitious in the AgriTech and FoodTech sectors of Canadian industry as traditional meats lose favorability under the rising tensions brought on by climate change, population increase, and greater demand for healthy and sustainable living. Meat poses a unique challenge to the future given the environmental limitations of land and water […]
Non-dilutive Financing Strategies for AgriTech Projects
It is envisioned that by 2025, Canada will be a leader in Agricultural technology, recognized globally as a reliable and competitive supplier of safe, sustainable, high-quality agri-food products. In order to successfully realize this vision, significant obstacles must be overcome in relation to increasing demand for clean and sustainable farming practices as well as increasing […]
Federal SR&ED Legislative Proposal Status Update
on June 21, 2019, Bill C-97, an Act to implement certain provisions of the 2019 federal budget received royal assent and became law. The Scientific Research and Experimental Development (SR&ED) Tax Incentive Program provides a basic 15%, non-refundable credit to all businesses performing SR&ED in Canada. Eligible small and medium-sized enterprises (SMEs) can qualify for […]